Author: David Indeje

The Next Narrative Africa Fund seeks to raise $30 million in equity financing and $10 million in grants to support innovative film, television, and podcast projects that challenge harmful stereotypes about Africa. The fund will provide equity financing and grants for film, television, and podcast projects that challenge negative stereotypes and promote positive narratives. Led by Akunna Cook and Wakiuru Njuguna, the fund aims to invest between $1 million and $5 million in projects that are commercially viable and have a positive social impact. It will also support African production with at least 60% of each project’s production must take…

Kenya’s headline inflation rate dropped below the 4.0% mark for the first time in five years. According to data released by the Kenya National Bureau of Statistics (KNBS), the inflation rate in September 2024 stood at 3.6% from 4.4%, the lowest level since July 2010. On a month-on-month basis, inflation was at 0.2% from 0.0% in August. Kenya’s headline inflation rate has reached a five-year low, reflecting the positive impact of various factors, including favourable agricultural conditions, lower oil prices, and monetary policy measures. The primary driver of the inflation decline was a 5.1% increase in the Food and Non-Alcoholic…

The Oppo Reno 12 F 5G aspires to be a premium mid-range phone, but it stumbles in a few key areas.  This review dives deep into the phone’s design, features, performance, camera, battery, and value proposition. Design and Features The Oppo Reno 12 F 5G boasts a sleek metal and glass design reminiscent of high-end phones from a few years back. It packs a MediaTek Dimensity 7300 chip with 12GB RAM and 256GB storage, expandable via microSD. It runs Android 14 with Oppo’s ColorOS 14.0 skin. Capture stunning moments with the Oppo Reno 12 F 5G’s advanced camera system. On…

The Kenyan government has approved a significant project to digitize its healthcare system, led by Safaricom. The KSh 104.8 billion Integrated Information Technology System (IITS) aims to improve patient care, streamline operations, and enhance access to healthcare services nationwide. The National Assembly’s Health Committee has given its approval to Safaricom’s KSh 104.8 billion Integrated Information Technology System (IITS) for Universal Healthcare. Despite initial concerns about the procurement process and Safaricom’s involvement, the committee concluded that the project was legally sound and transparent. The Ministry of Health (MoH) awarded a substantial contract to a consortium led by Safaricom PLC to implement…

Absa Bank Kenya has refined its consumer banking business to better cater to the evolving needs of its customers, particularly the affluent segment. This reorganization aligns with the bank’s broader strategy to transition from a product-centric approach to a customer-centric one. The bank has divided its consumer banking business into three segments: The NextGen consumer, the Mass & Middle market consumer, and the Affluent Consumer. This segmentation allows Absa to tailor its offerings to the specific needs and preferences of each group. “As the wealthy look for better returns, we are seeing new opportunities open across markets. We have seen…

Kenyan consumers can now purchase the Starlink Mini, SpaceX’s compact satellite internet solution, for KES 27,000. Designed for portability and ease of use, Starlink Mini promises to bring high-speed internet to even the most remote parts of Kenya. With monthly service plans at KES 4,000, Starlink Mini offers an affordable option for those needing reliable internet access while on the move. Starlink Mini Pricing and Plans in Kenya Starlink Mini offers a range of service plans tailored to different user needs: KES 4,000 per month: A plan with deprioritized speeds during peak hours, suitable for general browsing and light usage. KES…